CICA NSW INDUSTRY DAY
CICA NSW INDUSTRY DAY A BIG SUCCESS In mid March, the New South Wales division of The Crane Industry Council of Australia (CICA) staged its Industry Day in Western Sydney’s Parramatta.
THE CICA INDUSTRY DAY PRESENTED A forum for both crane hire companies, related businesses, and Sydney’s major building and construction firms. The Industry Day attracted over 100 delegates and the interaction between the different groups proved a popular formula. A broad range of topics were presented during the day, which was mc’d by Anthony Heeks, managing director of Pace Cranes and vice chair of CICA NSW. Jeff Wilson kicked off proceedings reflecting on how the crane sector has developed over the last 50 years. He provided the example of how all terrains have progressed from a maximum lifting capacity of 50t, 50 years ago, to 1,200t capacity today. He also highlighted how construction processes have changed to reflect this progress, with construction design and methodology based on the availability of the capacities in today’s cranes. Finlease generously sponsored the appearance of economist and the ‘media’s money man’ Peter Switzer. He posed the question: “In 2022 are we facing an economic doomsday or a boom?” He highlighted many of the key economic indicators that have market analysts a little nervous, including increasing interest rates
Finlease generously sponsored the appearance of economist Peter Switzer who posed the question “In 2022 are we facing an economic doomsday or a boom”.
in the US, the Ukraine conflict, fresh outbursts of Covid, a looming federal election, and unions pushing for six per cent wage rises. But he also confirmed the Australian economy is very strong, with unemployment down to four per cent, tourism – the third largest
export for Australia – is back, and the Central Bank is impressed with the way the economy is rebounding postCovid. Switzer credited the JobKeeper program for keeping the economy on track during the pandemic and concluded 2022 would reflect other major economies that are predicting a
The Industry Day presented a forum for both crane hire companies, related businesses, and Sydney’s major building and construction firms.
20 / CAL May/June 2022
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